Emerging markets to be home to more companies: report

Thousands more of the world’s largest companies are expected to put their main offices in emerging markets, a McKinsey Global Institute study has found.

The world’s emerging markets currently account for about a third of global gross domestic product, but a home to only about a quarter of the 8000 companies that each generates revenue of more than $US1 billion a year, the Economix blog in The New York Times reports.

The McKinsey report says that between 1980 and 2000, just 5 per cent of the world’s 500 largest companies came from emerging markets. That ratio has now risen to about 25 per cent and is expected to climb to as much as 50 per cent by 2025.